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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006 HB5341
Introduced 01/26/06, by Rep. Larry McKeon SYNOPSIS AS INTRODUCED: |
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Amends the State Finance Act. Sets forth that notwithstanding any other provision of State law to the contrary and in addition to any other transfers that may be provided for by law, on July 1, 2005 (now, on the first day of each calendar quarter of the fiscal year beginning on July 1, 2005), or as soon as may be practical thereafter, the State Comptroller shall direct and the State Treasurer shall transfer from each designated fund into the Workers' Compensation Revolving Fund amounts equal to each of the following totals (now, one-fourth of each total): General Revenue Fund $44,000,000 (instead of $34,000,000), and Road Fund $36,000,000 (instead of $25,987,000). Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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HB5341 |
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LRB094 18615 RSP 53961 b |
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| AN ACT concerning finance.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The State Finance Act is amended by changing |
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| Section 6z-64 as follows: |
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| (30 ILCS 105/6z-64) |
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| Sec. 6z-64. The Workers' Compensation Revolving Fund. |
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| (a) The Workers' Compensation Revolving Fund is created as |
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| a revolving fund in the State treasury. The following moneys |
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| shall be deposited into the Fund: |
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| (1) amounts authorized for transfer to the Fund from |
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| the General Revenue Fund and other State funds (except for |
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| funds classified by the Comptroller as federal trust funds |
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| or State trust funds) pursuant to State law or Executive |
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| Order; |
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| (2) federal funds received by the Department of Central |
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| Management Services (the "Department") as a result of |
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| expenditures from the Fund; |
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| (3) interest earned on moneys in the Fund; |
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| (4) receipts or inter-fund transfers resulting from |
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| billings issued by the Department to State agencies and |
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| universities for the cost of workers' compensation |
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| services rendered by the Department that are not |
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| compensated through the specific fund transfers authorized |
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| by this Section, if any; |
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| (5) amounts received from a State agency or university |
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| for workers' compensation payments for temporary total |
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| disability, as provided in Section 405-105 of the |
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| Department of Central Management Services Law of the Civil |
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| Administrative Code of Illinois; and |
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| (6) amounts recovered through subrogation in workers' |
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| compensation and workers' occupational disease cases. |
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HB5341 |
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LRB094 18615 RSP 53961 b |
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| (b) Moneys in the Fund may be used by the Department for |
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| reimbursement or payment for: |
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| (1) providing workers' compensation services to State |
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| agencies and State universities; or |
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| (2) providing for payment of administrative and other |
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| expenses incurred by the Department in providing workers' |
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| compensation services. |
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| (c) State agencies may direct the Comptroller to process |
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| inter-fund
transfers or make payment through the voucher and |
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| warrant process to the Workers' Compensation Revolving Fund in |
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| satisfaction of billings issued under subsection (a) of this |
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| Section. |
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| (d) Reconciliation. For the fiscal year beginning on July |
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| 1, 2004 only, the Director of Central Management Services (the |
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| "Director") shall order that each State agency's payments and |
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| transfers made to the Fund be reconciled with actual Fund costs |
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| for workers' compensation services provided by the Department |
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| and attributable to the State agency and relevant fund on no |
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| less than an annual basis. The Director may require reports |
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| from State agencies as deemed necessary to perform this |
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| reconciliation. |
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| (d-5) Notwithstanding any other provision of State law to |
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| the contrary, on or after July 1, 2005 and until June 30, 2006, |
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| in addition to any other transfers that may be provided for by |
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| law, at the direction of and upon notification of the Director |
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| of Central Management Services, the State Comptroller shall |
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| direct and the State Treasurer shall transfer amounts into the |
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| Workers' Compensation Revolving Fund from the designated funds |
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| not exceeding the following totals: |
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| Mental Health Fund ............................$17,694,000 |
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| Statistical Services Revolving Fund ............$1,252,600 |
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| Department of Corrections Reimbursement |
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| and Education Fund .........................$1,198,600 |
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| Communications Revolving Fund ....................$535,400 |
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| Child Support Administrative Fund ................$441,900 |
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| Health Insurance Reserve Fund ....................$238,900 |
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HB5341 |
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LRB094 18615 RSP 53961 b |
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| Fire Prevention Fund .............................$234,100 |
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| Park and Conservation Fund .......................$142,000 |
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| Motor Fuel Tax Fund ..............................$132,800 |
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| Illinois Workers' Compensation |
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| Commission Operations Fund ...................$123,900 |
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| State Boating Act Fund ...........................$112,300 |
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| Public Utility Fund ..............................$106,500 |
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| State Lottery Fund ...............................$101,300 |
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| Traffic and Criminal Conviction |
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| Surcharge Fund ................................$88,500 |
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| State Surplus Property Revolving Fund .............$82,700 |
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| Natural Areas Acquisition Fund ....................$65,600 |
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| Securities Audit and Enforcement Fund .............$65,200 |
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| Agricultural Premium Fund .........................$63,400 |
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| Capital Development Fund ..........................$57,500 |
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| State Gaming Fund .................................$54,300 |
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| Underground Storage Tank Fund .....................$53,700 |
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| Illinois State Medical Disciplinary Fund ..........$53,000 |
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| Personal Property Tax Replacement Fund ............$53,000 |
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| General Professions Dedicated Fund ...............$51,900
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| Total $23,003,100
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| (d-10) Notwithstanding any other provision of State law to |
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| the contrary and in addition to any other transfers that may be |
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| provided for by law, on the first day of each calendar quarter |
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| of the fiscal year beginning July 1, 2005, or as soon as may be |
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| practical thereafter, the State Comptroller shall direct and |
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| the State Treasurer shall transfer from each designated fund |
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| into the Workers' Compensation Revolving Fund amounts equal to |
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| one-fourth of each of the following totals: |
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| General Revenue Fund ..............$44,000,000
$34,000,000 |
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| Road Fund .........................$36,000,000
$25,987,000 |
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| Total $80,000,000
$59,987,000
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| (e) The term "workers' compensation services" means |
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| services, claims expenses, and related administrative costs |
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| incurred in performing the duties under
Sections 405-105 and |
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| 405-411 of the Department of Central Management Services Law of |